May Macro Slide Deck
Our core fundamental thesis continues to suggest we're early in a new economic and market cycle.
Read MoreNot so unique – New Video
I wanted to walk you through how the market may not be so unique and could act similar to 2004 & 2010...
Read MoreA power-on stall in real time
The economy is reopening more aggressively, the economic data is either at or near record levels, EPS are off the charts relative to consensus expectations, and yet the markets…
Read MoreObservations on historic backdrop
It is hard to imagine that fiscal policy, monetary policy, and expectations for economic and earnings could get more optimistic than what took place yesterday. We would like to…
Read MoreOur view on rates ahead of Fed meeting
In this short video, we explain our current view on the 10-year U.S. Treasury yield and its potential market impact...
Read MoreAirspeed slowing but not yet stalled
The S&P 500 (SPX) saw a lot of volatility last week without much progress. The closely watched large-cap index ended the week down just 0.1% from the prior week,…
Read MoreLooking under the hood of market
The large cap Index has been diverging from the Nasdaq and Russell 2000
Read MoreIt may stall, but the power is certainly on
In Power-on Stall last week, we suggested taking some profits given the overbought tactical condition and high level of investor/CFO optimism. In that note we highlighted that in aviation…
Read MoreUpdate on Growth vs. Value
In this short video we update our call from early March. Now is likely not the time to be chasing Russell 1000 Growth vs. Value.
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